What to Look Out for as Fed Considers Rate Hike and How It Will Affect Your Retirement Planning
July 28, 2016
Hosted by Mark Vickery and Mitch Zacks
Perhaps not surprisingly, the Federal Reserve left the fed funds rate unchanged in their June meeting, almost certainly on the back of a weak May jobs report (+11,000 m/m). It is yet another example of the Fed’s hypersensitivity to single data points or events, much like their choice to delay a hike in the beginning of the year because of global market volatility (which ended up short-lived). This week the Federal Reserve will meet again to discuss whether the fed fund rate will change or not. Join us and learn what may be happening.
The Steady Investor
Archives Available on VoiceAmerica Business Channel
With 73 percent of US consumers having less than $1,000 in their retirement plan, ZIM recognizes the need to help consumers begin to save more for retirement. The Steady Investor hosts Mark Vickery and Mitch Zacks each bring a different perspective, as they talk about financial and retirement topics that are on your mind, whether it is managing investments, stock market and current economic conditions or dealing with life’s curveballs.
Joining Mark and Mitch each week will industry experts and influencers that can translate what you need to know on the journey to retirement and provide advice that may be of great interest. It's never too early, or too late, to warm up your nest egg. No one's got your back when it comes to retirement savings. We will help you understand how to begin planning for retirement no matter what stage of life you are in.
Mark Vickery and Mitch Zacks
Mark Vickery is the Director of Research for as leading independent nvestment research firm in the country. Mark has hosted many radio shows, both online and terrestrial. Mark graduated from the University of Wisconsin at Madison.
Mitch Zacks is the Managing Director and Portfolio Manager at Zacks Investment Management and oversees investment research activities at the firm. Mitch has spent eighteen years researching, developing and managing quantitatively driven portfolio management strategies in the equity markets. Mitch used to write a finance column for the Chicago Sun-Times and has written two books on quantitative investment strategies. Mitch graduated cum laude from Yale University. He received his M.B.A with High Honors from the University of Chicago. As managing Director of Zacks Investment Management, Mitch oversees over $3.5 billion dollars in assets under management.
Mitch has been featured on multiple television and radio shows, as he is known as someone that understandings the market and what the underlying trends may be.